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Atul Ltd.

BSE: 500027 Sector: Industrials
NSE: ATUL ISIN Code: INE100A01010
BSE LIVE 15:44 | 26 May 2528.65 26.20
(1.05%)
OPEN

2504.35

HIGH

2558.50

LOW

2504.35

NSE 15:44 | 26 May 2542.95 39.50
(1.58%)
OPEN

2510.95

HIGH

2562.35

LOW

2502.45

OPEN 2504.35
PREVIOUS CLOSE 2502.45
VOLUME 3634
52-Week high 2588.00
52-Week low 1805.00
P/E 26.29
Mkt Cap.(Rs cr) 7,500
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2504.35
CLOSE 2502.45
VOLUME 3634
52-Week high 2588.00
52-Week low 1805.00
P/E 26.29
Mkt Cap.(Rs cr) 7,500
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Atul Ltd. (ATUL) - Company History

Atul Ltd. a Lalbhai Group company, was formerly known as Atul Products. It was promoted by Kasturbhai Lalbhai in 1947 and engaged in the business of manufacturing dyes and dye intermediates, agro-chemicals, aromatic like para-Anisaldehyde, epoxy resins and pharma intermediates. Gujarat Aromatics was merged with Atul in 1988-89, And Atul promoted two manufacturing companies, namely Atic Industries in 1956, and Cibatul in 1960. Atic Industries which was promoted in collaboration with ICI, UK manufactures Vat and other active dyes and Sulphuric acid. While the Cibatul which was promoted in collaboration with Ciba-Geigy, manufactures sulphur drug intermediates, resins and auxiliaries. In 1985, the company transferred its investments in Atic and Cibatul to a wholly-owned subsidiary, Ameer Trading Corporation and later in 1995-96 this Atic Industries was integrated with Atul. In 1986, the company took over the management of Piramal Rasayan through its 100% subsidiary and subsequently changed the name of the company to Amal Rasayan. Atul has also promoted Gujarat Synthwood to manufacture PVC Foam Sheets. Atuls other two fully owned subsidiaries apart from Ameer Trading are Anusandan Investments and Sharik Investment Pvt Ltd. In 1995, the company commissioned para-cresidine and para anisicaldehyde manufacturing plants. In 1995-96, the company was implementing a project to manufacture non-benzidine dyestuffs with a capacity of 1700 tpa and the company has commissioned the project for manufacture of para cresol in 1997-98. In 1996-97, the company issued 50,000 14% cumulative reedeemable preference shares of Rs 100/- each amounting to Rs 50 lacs. During the same year the agro chemicals and pharmaceuticals division obtained ISO 9002 certification for phenoxy and urea herbicides from TUV Bayern of Germany. In 2000-01, the company has initiated the plan of installation of third fluidisied boiler inorder to become self reliant in captive power generation.